The SBA is not a direct lender. They act as a guarantor on small business loans that fit within specified categories. The guarantee encourages banks and other SBA lenders to provide financing to small businesses that might not otherwise be accepted by the bank. SBA loans also require lower down payments and have more favorable terms when compared to other term loans. To learn more, visit out Guide to SBA Loans.
BusinessLoans.com is brought to you by
Over $5 Billion delivered to small businesses. Learn More
on Social Media
Most Popular Posts
Not sure about a term or phrase? View our glossary of commonly used financial words on BusinessLoans.com.View Definitions